Trading

‘Close the markets,’ says City as lockdown fears grip home-hobbled traders

While a move to shutter markets would not be without precedent, the Covid-19 pandemic has triggered global unease of a magnitude not seen in decades

A man with his face covered by a scarf crosses the road in front of the Bank of England.
A man with his face covered by a scarf crosses the road in front of the Bank of England. Photo: Jonathan Perugia/Getty Images

City traders who buy and sell equities — either at home or in bank offices — are joining a growing number of industry participants who want stock markets temporarily closed, amid rumours of a lockdown on movement in the UK capital.

UK Prime Minister Boris Johnson on Thursday denied that the government planned to impose travel restrictions in the capital. Nevertheless, a potential lockdown was the talk of City traders worried about juggling jobs from home with children in tow.

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